What is a Master Promissory Note? And how do I sign the promissory note?
The PLUS Loan Master Promissory Note must be signed by the parent borrower prior to the school certification and prior to the disbursement of any loan funds to the student’s account. The completion of the Master Promissory Note is generally signed at the time the application is submitted and can be signed electronically on the lender Web site during the application process.
Related Questions
- I have completed the Federal Direct Stafford Master Promissory Note (MPN). How do I request the dollar amount I want to borrow for the Federal Direct Subsidized and Unsubsidized Stafford Loans?
- Do I have to sign a Master Promissory Note (MPN) and complete an Entrance Counseling Session every year for the Federal loan programs?
- What is a Master Promissory Note and Entrance Counseling?
